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Prominent Class E / Retail Unit, 36-38 Bank Street, Newquay, TR7 1AY

3,723 Sq Ft / Retail / Class E - incl Office Leisure Healthcare

To Let - £59,000.00 per annum

Under Offer - Last updated: 19 November 2024

The property is situated on a prominent corner at one end of the pedestrianised pitch, opposite Costa Coffee and WH Smith, and adjacent to EE.

Location

Newquay is a thriving Cornish seaside town and holiday destination. It boasts a retail catchment of circa 50,000 and has a resident population of 25,000.
 
Newquay attracts over 2 million tourist visits per annum and an estimated tourist spend of £300 million. It is served by the main A30 (8 miles away), a mainline rail station, and Newquay Airport.
 
The town’s primary retail pitch is pedestrianised Bank Street. Retailers include the likes of Superdrug, Caffe Nero, Peacocks, Loungers, New Look and Boots.

Accommodation

Ground Floor Sales - 2,073 sq ft

First Floor Storage - 1,650 sq ft

Second Floor - Unoccupied

Terms

Lease Terms
The premises are available by way of a new full repairing and insuring lease, term of years to be agreed.
 
Commencing Rental
Rental offers for the whole, are invited in the region of £59,000 per annum, exclusive of VAT, rates and all other occupational costs.
 
Business Rates
Rateable Value - £68,000
Rates Payable (2024/25) - £37,128
This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the relevant charging authority to confirm rates payable.
 
Planning
The property is listed and has consent for uses within Class E. Alternative uses may be considered, subject to Planning Consent.
 
Energy Performance
The EPC is available upon request.

Specification

  • ALTERNATIVE USES CONSIDERED
  • 100% PRIME PITCH

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Rental offers for the whole are invited in the region of To Let £59,000.00 per annum

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Contact agents

Russ Power

M & P Property Consultants LLP

0117 369 1277

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